Upload
myanmar-business-today
View
1.518
Download
1
Embed Size (px)
DESCRIPTION
Myanmar Business Today is Myanmar’s first and the only bilingual (English-Myanmar) business newspaper, distributed in both Myanmar and Thailand. MBT covers a range of news encompassing local business stories, special reports and in-depth analysis focusing on Myanmar’s nascent economy, investment and finance, business opportunities, foreign trade, property and real estate, automobile, among others. MBT also provides detailed coverage of regional (ASEAN) and international business stories. For more information please visit www.mmbiztoday.com. Facebook: www.facebook.com/MyanmarBusinessToday Twitter: @mmbiztoday Google Plus: https://plus.google.com/107379179269023670071/posts Linkedin: http://www.linkedin.com/company/myanmar-business-today
Citation preview
2. May 8-14, 2014 Myanmar Business Today mmbiztoday.com 2LOCAL BIZ MYANMARS FIRST BILINGUAL BUSINESS JOURNAL Board of Editors Editor-in-Chief - Sherpa Hossainy Email - [email protected] Ph - 09 42 110 8150 Editor-in-Charge - Wai Linn Kyaw Email - [email protected] Ph - 09 40 157 9090 Reporters &Writers Sherpa Hossainy, Kyaw Min, Wai Linn Kyaw, Phyu Thit Lwin, Aye Myat, Pann Nu, Htun Htun Min, May Soe San Art & Design Zarni Min Naing (Circle) Email - [email protected] Ph - 09 7310 5793 Ko Naing Email - [email protected] Ph - 09 730 38114 DTP May Su Hlaing Translators Wai Linn Kyaw, Phyu Maung, Bone Pyae Sone Advertising Seint Seint Aye, Moe Hsann Pann, Htet Wai Yan, Zin Wai Oo Advertising Hotline - 09 420 237 625, 09 4211 567 05, 09 31 450 345 Email - [email protected] Managing Director Prasert Lekavanichkajorn [email protected] 09421149720 Publisher U Myo Oo (04622) No. 1A-3, Myintha 11th Street, South Okkalapa Township, Yangon. Tel: 951-850 0763, Fax: 951-8603288 ext: 007 Shwe Naing Ngan Printing (04193) Printing Subscription & Circulation Aung Khin Sint - [email protected] 09 20 435 59 Nilar Myint - [email protected] 09 4210 855 11 Khaing Zaw Hnin - [email protected] 09 4211 30133 Business News in Brief Military-owned enterprises to lose privileges in mining sector Myanma Economic Holding Ltd (MEHL) and Myan- ma Economic Corp (MEC), owned by the Ministry of Defence, will not have any special privileges in the min- ing sector including the lucrative jade and ruby indus- try, local media reported, citing director general Win Htein of the Ministry of Mining. They wont have any privileges any more. They will have to take part in the competitive bidding against others when their current mining licenses expire soon, he was quoted as saying. Local airline to launch Myeik-Bangkok Flight ing Myanmars southeastern archipelago of Myeik with Thai capital Bangkok this month, according to a local media report. Union Express Charter Airline, a joint venture between Myanmar Union Express Aviation using a 168-seater Boeing737 to link Bangkok and the coastal city in Tanintharyi division, which was recently opened up for tourism. Flights will run every Tuesday and Friday, costing $140 for a return ticket, the report to Bangkok via Yangon. Japan to give 4b to streamline taxation sec- tor Japan has pledged to spend almost 4 billion to streamline Myanmars tax sector, according to the Cus- toms Department under the Ministry of Finance. The Japanese government will provide 3.9 billion for the Single Window Project which aims to modernise the taxation system by using auto-clearing for commodi- ties. An agreement regarding this between the two gov- ernments was signed last month. Thilawa SEZ Holdings to pick independent di- rector The government has asked the Thilawa SEZ Holdings Co Ltd to appoint independent directors who wont hold any shares in the company. The Myanmar govern- ment owns ten percent of the company while 41 percent nies investing over K39 million ($40,206) in the shares. The remaining 49 percent is owned by Japan. We will hold a shareholder meeting and appoint the directors, U Set Aung, chairman for Thilawa SEZ Administration Committee, said. Myanmar relaxes journo visa rules for ASEAN Summit eign journalists seeking to cover the upcoming ASEAN Summit in the country later this month, the informa- tion ministry said. Under the new scheme, the one- month multiple entry visa rule for foreign reporters has ists were advised to re-apply for a new visa after three months at the Myanmar embassies which issued their will be allowed to extend their visa in every six months, according to the new plan. Yatanarpon Teleport seeks foreign partners State-owned telecommunications services provider Yatanarpon Teleport is in discussion with four foreign companies to establish a public-private partnership, lo- cal media reported. True Move from Thailand and Ax- iata from Malaysia are reported to be favourites. The joint venture will be 51 percent owned by Yatanarpon tanarpon Teleport currently provides mobile services and internet provision. MOGE calls rigs upgrade tender State-owned Myanma Oil and Gas Enterprise (MOGE) under the Ministry of Energy is now planning to up- grade its own drilling rigs with a range of capacity for shallow, medium and deep wells, and aims to cooperate with local and foreign partners to participate in future drilling activities. MOGE said all interested local and foreign companies are warmly invited to come and dis- at Complex 44 in Nay Pyi Taw. Myanmar Summary umuG,fa&;0efBuD;Xmeydkif jrefrmhpD;yGm;a&;OD;ydkifvDrdwufESifh jrefrmh pD;yGm;a&;aumfydka&;&Sif;wdkYtaejzifhowKwl;azmfa&;u@wGif rnfonfh txl;cHpm;cGifhrS&&Sdawmhrnfr[kwfaMumif; tqdkyg0efBuD;XmeOD;aqmif TefMum;a&;rSL; OD;0if;xdefrS ajymMum;cJhonf/ Myanmar Union Express Aviation Group and Myeik Public Corp ESifh Union Express Charter Airline wdkYtaejzifh NrdwfNrdKUrS xdkif;EdkifiH befaumufodkY ,ckvrSpwifum wpfywfvQifESpfBudrfysHoef; ajy;qGJrnfjzpfaMumif; od&onf/ *syefEdkifiHtaejzifh jrefrmEdkifiH tcGefu@wdk;wufa&;twGuf ,Grf 4 bDvD,Htm; axmufyHhay;rnfjzpfaMumif; od&onf/tqdkyg axmufyHhrItwGuf ESpfEdkifiHoabmwlpmcsKyftm; ,cifvu a&;xdk; cJhjcif;jzpfonf/ tpdk;&taejzifh Thilawa SEZ Holdings Co Ltd wGiff rnfonfh &S,f,mrQ yg0ifxm;jcif;r&Sdaom trSDtcdkuif;onfh 'gdkufwmrsm; cefYxm;&efawmif;qdkcJhaMumif; od&onf/ jrefrmEdkifiHtaejzifh ASEAN Summit odkYwufa&mufowif;,l &rnfh EdkifiHwumowif;axmufrsm;twGuf ADZmvkyfief;pOfrsm;tm; ,ckvrSpwifumaqmif&Gufay;oGm;rnfjzpfaMumif; jyefMum;a&;0efBuD; XmerSxkwfjyefxm;onf/&wemykHqufoG,fa&;ukrPDtaejzifh EdkifiHjcm; ukrPDav;ckjzifh yl;aygif;aqmif&GufEdkif&ef aqG;aEG;rIrsm;vkyfudkifvsuf &SdaMumif;od&onf/ 3. May 8-14, 2014 Myanmar Business Today mmbiztoday.com 3LOCAL BIZ Myanmar Summary 6,000 Tonnes of Rice to Be Shipped to Japan This Month Rice export falls in 2013-2014 FY Phyu Thit Lwin M yanmar will export 6,000 tonnes of rice to Japan this month, ac- cording to Myanmar Rice Fed- eration (MRF). This is the second time My- anmar is going to export rice to Japan after Japan agreed to im- port rice from Myanmar for the In 2013, Myanmar won the tender to export 5,000 tonnes of rice to Japan. This year, Myanmar Agribusi- ness Public Corp (MAPCO) and Japans Mitsui Corp collabo- rated to bid for a tender and won an export order of 6,000 tonnes. The companies will export Sinthwe Latt and Hmawbi II type (5 percent broken) rice to Japan. Besides the 6,000 tonnes of rice export, we also signed MoU with some African countries to export 40,000 tonnes of rice, Dr Soe Tun, chairman of MRF said. For the rice exporters, there between the local and foreign markets. So there is not much rent export order, they will get about $450 to $500 per tonne, which is a much better price, said Dr. Soe Tun from Myan- mar Rice Federation. Half of Myanmars rice ex- ports go to China via border year, over 800,000 tonnes of rice were exported to China. According to the Myanmar Rice Federations data, Myan- mars rice export fell in 2013-14 Myanmar exported about 1.5 million tonnes of rice in 2012- 13 but could only manage to ex- ,ckvydkif;xJwGif *syefEdkifiHodkY qefwef csdef 6000 wifydkYay;oGm;rnfjzpfaMumif; jrefrmEdkifiHqefpyg;vkyfief;toif;csKyf rS od&onf/ jrefrmEdkifiHonf *syefEdkifiHodkY ESpfaygif; 40 ausmfMum wef;jrifhqefwifydkYEdkifjcif; r&SdcJhbJ NyD;cJhonfh 2013 ckESpfrSom wef;jrifhqef 5000 wifydkY&ef wif'g atmifjrifcJhNyD; pwifwifydkYEdkifcJhNyD;jzpfum ,cktcsdefonf 'kwd,tBudrfajrmufwif'g atmifjrifcJhjcif;jzpfNyD; wef;jrifhig;rSwf qefwefcsdef 6000 wifydkY&jcif;jzpfonf [k od&onf/ ,ckwpfBudrfwif'gudk MAPCO ESifh *syefEdkifiHrS rpfql&DukrPDwdkYyl;aygif;wif oGif;jcif;jzpfNyD;{nfhrxtkyfpk0ifqeftrsKd; tpm;jzpfonfh qif;oG,fvwfESifh arSmfbD 2trsKd;tpm;wef;jrifhig;rSwfqefrsm;udk wifydkY&rnfjzpfonf/ ]]tckvuf&SdrSm *syefudk wef;jrifhqef 6000 tjyif tmz&duudk wefcsdef 40000 wifydkYzdkY MOU xdk;xm;w,f/ jynfyudk Export ydkYwJholawGtwGuf jynfwGif;qefaps;ESifh jynfyqefaps;u odyfruGmawmht&rf;tusKd;r&Sdbl;/'gayrJh tck&wJhaps;EIef;u wpfwefudk tar&d uefa':vm 450 eJY 500 tMum;rSm&Sd wJhtwGufaumif;wJhtaetxm;rSm&Sdyg w,f}}[kjrefrmEdkifiHqefpyg;vkyfief;toif; csKyfrS a'gufwmpdk;xGef;u ajymonf/ jrefrmEdkifiHrS jynfyqefwifydkYrIwpf0uf ausmfudk wkwfEdkifiHodkY e,fpyfukefoG,f a&;vrf;aMumif;rSwpfqifh wifydkYae&NyD; NyD;cJhonfh 2012-13 b@mESpftwGif; rSmyif qefwefcsdef 8 odef;ausmf wifydkY cJh&jcif;jzpfonf/ DarioPignatelli/Bloomberg 4. May 8-14, 2014 Myanmar Business Today mmbiztoday.com LOCAL BIZ 4 Malaysias Yinson Eyes Myanmar O&G Opportunities Aye Myat M alaysia-based Yinson Holdings Bhd (YHB), support services for the up- stream oil and gas sector, said it is looking into the prospect of venturing into the oil and gas sector in Myanmar. The company is eyeing Myan- mar because of its rich oil and gas reserves, Yinson chairman and managing director Lim Han Weng said, adding that the Nigeria and Angola in West Af- rica, and Vietnam and Malaysia in Southeast Asia for its next ventures, Malaysian media re- ported. Experts suggest that in ad- dition to Myanmars current 20 trillion cubic feet (tcf) of reserves, which is worth $106 billion, there could be another 80tcf of undiscovered natural gas worth about $424 billion. Most of Myanmars reserves are still in place as the country has only exported its gas for the past 15 years. Since the 1970s ex- plorers have only drilled a total making the country an almost completely unexplored zone. Myanmar has a good oppor- tunity in the sector, which is developing well in the past few years. However, we need to un- derstand the legal structure of our next move, Lim was quot- ed as saying. In the last 12 months, Myan- mar gave concessions for pro- duction and exploration of its gas blocks to global energy gi- ants like Royal Dutch Shell, ConocoPhilips, BP, Chevron and Woodside, among others. Myanmar Summary rav;&Sm;EdkifiHtajcpdkuf urf;vGefa&eH ESifh obm0"mwfaiGUvkyfief;rsm;vkyfudkif vsuf&Sdonfh Yinson Holdings Bhd (YHB) taejzifh jrefrmEdkifiHa&eHESifh obm0"mwfaiGUvkyfief;rsm;0ifa&mufvkyf udkifEdkif&ef apmifhMunfhvsuf&SdaMumif; od& onf/ tqdkygukrPDtaejzifh jrefrmEdkifiH a&eHESifh"mwfaiGUo,HZmw